नवीनतम
Rupee rises 1 paisa to close at 84.38 against USD
MUMBAI [Maha Media]: The rupee moved in a narrow range and appreciated 1 paisa to close at 84.38 (provisional) against the US dollar on Wednesday, as persistent foreign fund outflows and a muted trend in domestic equities weighed on the local unit.
The USD/INR pair is trading in a narrow range as strength of the American currency in the overseas market dented investor sentiments, while suspected intervention by the Reserve Bank of India (RBI) kept the rupee supported at lower levels, forex traders said.
At the interbank foreign exchange, the rupee opened at 84.40 against the US dollar. During the session, the local currency touched a high of 84.37. It finally settled at 84.38 (provisional), 1 paisa higher than its previous close.
